From experience, early focus on operational- and maintenance cost (O&M) can reduce
system life cycle cost (LCC) considerably. Additional benefit of LCC is focus on
limited resources, such as personnel, time and infrastructure/facilities.
Chosen concept and design will affect the O&M cost of the vessel(s) for at
least xx years. A major objective of the logistics program is to minimize
the total cost of ownership of vessel(s) throughout its life cycle.
The shipowner’s intention is to acquire a system with optimal LCC and operational
availability within the defined functional specifications and available budget
for acquisition.
Metizoft have been doing Life Cycle Cost analyses on an upcoming project.
References are available upon request.
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